BDO Unibank, Inc. (BDOUY) Company Bio
BDO Unibank, Inc. provides various banking products and services primarily in the Philippines. Its deposit products include savings, checking, and time deposit accounts; and loan portfolio comprises personal, auto, home, small and medium-enterprise, project finance, term, and working capital loans. The company also offers life, auto, home, personal accident, travel, property/engineering/marine, liability/surety/specialty, and employee benefits insurance products; remittance services; trade facilities, such as trade settlements, trust receipts, export bill purchases, and letters of credit; and trust and investment services consisting of unit investment trust funds, portfolio management, escrow services, mortgage or collateral trust, corporate agency services, and investment advisory services. In addition, it provides investment banking services, such as loan syndications, underwriting and placing of debt and equity securities, financial advisory services, and securities brokerage; and investment and structured products to high net worth individuals and institutional accounts. Further, the company offers leasing and financing solutions, including direct leases, sale and leaseback arrangements, and real estate leases; cash management services; treasury services; asset management, realty management, and accounting services; debit and credit cards; and private, online, mobile, and phone banking services. As of December 31, 2019, it operated 1,436 branches, including two foreign branches; 2,472 on-site and 1,994 off-site automated teller machines; and 562 cash accept machines. The company was formerly known as Banco De Oro Unibank Inc. and changed its name to BDO Unibank, Inc. in January 2011. BDO Unibank, Inc. was incorporated in 1967 and is headquartered in Makati City, the Philippines.